Advertisement AdvertisementMr Jay Ireland, Global President and Chief Executive Officer of General Electric (GE), said the company had plans to build a 1000 megawatt power generating plant in Ghana to support government’s efforts at increasing the nation’s generating capacity. GE’s proposed plans come on the heels of recent agreements in other West African countries like...
The World Bank is expected to pump an estimated $1,200 million into various sectors of the Ghanaian economy. The funds according to World Bank Senior Operations Officer, Dr. Dante Mossi is to consolidate the middle income status of Ghana, protect the economy from volatile global commodity prices, improve value for money of public investments,...
Vice President Paa Kwesi Bekoe Amissah-Arthur yesterday appealed to operators in Ghana’s aviation industry to bring the growth in the sector to bear in the oil and gas industry. He gave the assurance that, the Government would continue to play its expected role in the progress and development of the aviation industry towards an...
Two European companies have discovered 1.8 trillion cubic feet of gas in the Western Region. The new gas is expected to support the country’s thermal energy generation and feed the over one billion dollar fertiliser plant currently being built at Nyankrom in the Shama District of the Western Region. The companies, ENI of Italy...
Car maintenance allowances are paid to public officers who use their own means of transport in the performance of official duties, the Fair Wages and Salaries Commission (FWSC) has stated. The Commission explained that public officers who qualified for this allowance were those who owned various means of transport and had forwarded all documents...
The Ministry of Finance and Economic Planning (MOFEP), under the Rural and Agriculture Finance Programme (RAFiP), has presented office equipment worth GH¢ 518,319.18 to some microfinance institutions in Accra. The items, which include desktop computers with accessories, colored and black and white printers, scanner machines, notebooks/laptops, projectors and projector screens, were to support the...
A new research funded by the SWIFT Institute has revealed that mobile money can help to promote financial inclusion and boost savings rates among remote communities. The research, carried out by US-based Tufts University in rural communities in northern Ghana with little access to financial services, demonstrated that take-up of mobile money can be...
The Europeans Union (EU) has released a grant 45 million Euros to the government to kick start the decentralization reforms. Government embarked a process in 2010 to review the decentralization policy after implementing it for 20 years. Ghana started the decentralization program in 1988 to, among others, enhance local participation in governance. A memorandum...
The International Development Association (IDA) has provided a credit facility of $38 million towards an Oil and Gas Capacity Building Project in Ghana. The project is to improve public management and regulatory capacity while enhancing transparency and strengthening local technical skills in Ghana’s emerging Oil and Gas sector. A document obtained by the Ghana...
The World Bank Vice President for Africa Makhtar Diop will make his first official visit to Ghana later this week for talks with President John Dramani Mahama, senior government officials, as well as women, business, and civil society leaders, from February 14 to 15. A statement to the Ghana News Agency in Accra by...
